The House Transportation & Infrastructure Committee has released the “INVEST in America Act,” a surface transportation legislative proposal that calls for spending $494 billion over five-years to repair the nation’s roads, bridges, rail and public transportation systems. Please attribute the following statement to American Road & Transportation Builders Association (ARTBA) President and CEO Dave Bauer.
“If America can put astronauts back in space for the first time in nearly a decade with a little help from the private sector, surely we can do something similar to modernize our aging transportation network.
“With the most severe economic disruption since the Great Depression and continuity of state transportation improvement programs in doubt, the case for Congress to deliver a robustly funded infrastructure bill has never been stronger.
“The transportation construction industry, in partnership with public agency officials, is ready to rebuild the nation’s highways, bridges and public transit systems.
“The release of the House bill complements efforts already underway in the Senate. The FAST Act transportation law expires in less than 120 days. It’s time to hit the gas on the legislative process to ensure that infrastructure investment springboards economic recovery.”
Norfolk Southern Corporation ("Norfolk Southern" or the "Company") today announced that it has entered into a cooperation agreement with Ancora Holdings Group, LLC (together with certain of its affiliates, "Ancora")…
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